ERIC Number: ED609007
Record Type: Non-Journal
Publication Date: 2020
Pages: 48
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
Buyer Beware: First-Year Earnings and Debt for 37,000 College Majors at 4,400 Institutions
Carnevale, Anthony P.; Cheah, Ban; Van Der Werf, Martin; Gulish, Artem
Georgetown University Center on Education and the Workforce
This report and the accompanying interactive web tool are a first step toward helping students sort through the 37,000 programs in the College Scorecard data to learn which programs offer a pathway to good earnings and which threaten more debt. Part 1 examines earnings differences across different institutions. Just as there is overlap in earnings, there is also overlap in federal student loan debt payments, as examined in Part 2. Part 3 ties these two strands together by focusing on the overlap in monthly earnings net of federal student loan debt. These data help graduates to see how much money they will have available to spend on items such as rent, food, and credit card bills after paying their federal student loan obligations for various programs at various credential levels.
Descriptors: Income, Debt (Financial), Majors (Students), Educational Attainment, Student Loan Programs, Federal Aid, Education Work Relationship, College Students, College Graduates, Associate Degrees, Bachelors Degrees, Masters Degrees, Doctoral Degrees, Loan Repayment
Georgetown University Center on Education and the Workforce. 3300 Whitehaven Street NW Suite 5000 Box 571444, Washington, DC 20057. Tel: 202-687-4922; Fax: 202-687-3110; e-mail: cewgeorgetown@georgetown.edu; Web site: http://cew.georgetown.edu
Publication Type: Numerical/Quantitative Data; Reports - Evaluative
Education Level: Higher Education; Postsecondary Education; Two Year Colleges
Audience: N/A
Language: English
Sponsor: Lumina Foundation; Bill and Melinda Gates Foundation; Joyce Foundation; Annie E. Casey Foundation
Authoring Institution: Georgetown University, Center on Education and the Workforce
Grant or Contract Numbers: N/A